GMDP, Something to consider.
The event that got GMDP moving was the the 8-K they filed detailing the agreement with Redwood.
That agreement is suposed to pay holders of GMDP stock a dividend of Redwood stock = to about $0.013/share. The thing to consider is this is a one time event and after that divdend is payed, the stock is the same GMDP as before this agreement.
So my thinking is that if you figure what you can sell your GMDP for after the dividend payment + the dividend = the max amount you would want to buy if for.
So if you look at the chart, looks like is was sitting at about
.0025 ~ .0030 before it started to move. Add .013 to that and you get about its current trading price. 0.015.
Now this assumes you can sell your redwood shares for .013 and your GMDP for .0025.
Also, assumes there will be no more news of other events.
Just something to consider when looking at buyig this stock..
Dont know if this assesment is valid or not, but make sense to me anyway.. JMO. Take care all.
